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Apple Inc (AAPL.O)

AAPL.O on Nasdaq

150.09USD
12:11pm EDT
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$-0.25 (-0.17%)
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$150.34
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Volume
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Latest Key Developments (Source: Significant Developments)

Moody's says U.S. corporate cash pile grows to $1.84 tln
Wednesday, 19 Jul 2017 12:19am EDT 

July 19 (Reuters) - Moody's on U.S. corporates-:US corporate cash pile grows to $1.84 trillion, led by tech sector.Top-five cash hoarders all come from the technology sector, with Apple holding record high of $246.1 billion.Top five most cash-flush companies Apple, Microsoft, Google, Cisco and Oracle now hold 32% of total cash held.  Full Article

Hertz shares soar after report Apple working to manage small autonomous fleet- CNBC
Monday, 26 Jun 2017 02:35pm EDT 

June 26 (Reuters) - :Hertz shares soar after report Apple working to manage small autonomous fleet- CNBC.  Full Article

Parkervision says German court decision in Parkervision V. Apple infringement case awaits validity ruling
Friday, 23 Jun 2017 07:00am EDT 

June 23 (Reuters) - Parkervision Inc ::Parkervision Inc - german court decision in parkervision v. Apple infringement case awaits validity ruling.Parkervision Inc - company believes that a preliminary nullity decision is expected before end of 2017.Parkervision Inc - company's final resolution in its German case against LG is also pending the same action.Parkervision Inc - Regional Court Of Munich has also streamlined schedule for co's second lawsuit against Apple in Germany.Parkervision Inc ‍court holding decision in Parkervision V. Apple case until after German Federal patent court rules on related pending nullity (validity) action​.Says ‍company's final resolution in its German case against LG is also pending the same action​.Parkervision Inc - court determined it will first review briefs written by parties, hold single hearing for both infringement, validity on Nov 16, 2017​.  Full Article

Apple files for notes offering of up to $1.0 billion
Wednesday, 14 Jun 2017 04:45pm EDT 

June 14 (Reuters) - Apple Inc ::Files for notes offering of up to $1.0 billion due 2027 .Says notes will bear interest at a rate of 3.000pct per year and will mature on June 20, 2027.  Full Article

Apple plans micro-LED displays for wearables - Nikkei, citing sources
Wednesday, 7 Jun 2017 11:31am EDT 

June 7 (Reuters) - Nikkei ::Apple plans micro-LED displays for wearables - Nikkei, citing sources.  Full Article

Parkervision says middle district of Florida granted co's request to reopen patent infringement case against Apple, LG and Qualcomm
Tuesday, 30 May 2017 09:00am EDT 

May 30 (Reuters) - Lg Electronics Inc <066570.KS>:Parkervision -middle district of Florida granted co's request to lift stay and reopen its patent infringement case against Apple, LG and Qualcomm.Parkervision -court also ordered parties to conduct a case management conference within 30 days and file a case management report to court.  Full Article

Nokia CEO says Apple patent deal "makes sense"
Tuesday, 23 May 2017 06:17am EDT 

May 23 (Reuters) - Nokia Oyj ::CEO Rajeev Suri tells Nokia's annual general meeting on Tuesday that the patent license agreement with Apple <<>> "makes sense, it is a good deal for Nokia"."It gives us a significant immediate cash payment and additional revenues over time... it strengthens our profitability."."It supports our strategy to expand to new markets by establishing Nokia as a deeply embedded strategic supplier of IP routing and optical networking products and services to Apple".  Full Article

Target CEO on conf call- in early stages of implementing efforts to reestablish everyday price credibility
Wednesday, 17 May 2017 10:32am EDT 

May 17 (Reuters) - Target Corp :CEO on conf call- "our results are not where we want them to be".CEO - in the early stages of implementing merchandising and marketing efforts to improve value perception with guests and reestablish everyday price credibility on key items.CEO- opened 4 new small format locations in Q1.COO- pilot of Target Restock will begin rolling out to Twin Cities REDcard holders this quarter.COO- for Target Restock pilot, guests will have access to more than 8,000 items.COO- new small format stores generate more than double the per foot sales productivity of larger format stores.COO- we are seeing double-digit comp increases on average for the 10 mature small-format stores so far this year.COO- Victoria Beckham baskets were more than twice the size of Target's average transaction.Exec- macro factors slightly drove some of the acceleration in March and April.Exec- electronics benefited from healthy growth in apple watch and iphone; Q1 electronics delivered a mid-single-digit comp sales increase, the strongest in 3 yrs.Exec- Q1 low single-digit comp declines for food & beverage.Exec- launching new brand this month - Cloud Island, a new exclusive line of nursery decor, bedding, bath and layer products.Exec- "we're continuing to sharpen our (grocery) price and our value messaging, at the same time, and make sure that we move to a more regional based pricing, localized pricing".  Full Article

Apple to offer two-part potential euro-denominated notes
Wednesday, 17 May 2017 06:10am EDT 

May 17 (Reuters) - Apple Inc :Apple Inc - to offer two-part potential euro-denominated notes - SEC filing.  Full Article

Berkshire Hathaway raises share stake in Apple Inc
Monday, 15 May 2017 05:50pm EDT 

May 15 (Reuters) - Berkshire Hathaway Inc :Berkshire Hathaway Inc raises share stake in Apple Inc to 129.4 million shares from 57.4 million shares - sec filing.Berkshire Hathaway Inc cuts share stake in Wabco Holdings by 13.7 percent to 2.9 million shares.Change in holdings are as of march 31, 2017 and compared with the previous quarter ended as of dec 31, 2016.  Full Article

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LG Chem to provide Apple's iPhone batteries next year: Korea Economic Daily

SEOUL South Korea's LG Chem Ltd is slated to exclusively provide batteries for Apple's iPhone 9 which is likely to be launched next year, a Korean newspaper reported on Friday.